Securities code: Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) securities abbreviation: Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) Announcement No.: 2022013
Beijing Beimo High-Tech Frictional Material Co.Ltd(002985)
Announcement on withdrawing credit impairment loss in 2021
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
According to the relevant provisions of the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange, Beijing Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) friction materials Co., Ltd. (hereinafter referred to as the "company") accrues credit impairment losses for relevant assets that may have signs of impairment in accordance with the accounting standards for business enterprises and the relevant accounting policies of the company. The details are hereby announced as follows:
1、 Summary of provision for impairment loss in the current period
1. Reasons for withdrawing impairment loss this time
In order to truly reflect the company's financial position, asset value and operating results, in accordance with the accounting standards for business enterprises and the relevant provisions of the company's accounting policies, and based on the principle of prudence, the company
All kinds of assets within the scope of the consolidated statements were comprehensively inspected and tested for impairment, and credit impairment losses were accrued for relevant assets that may have signs of impairment.
2. The asset scope and total amount of the current provision for impairment
After a comprehensive inspection and impairment test on the assets that may show signs of impairment within the scope of the company's consolidated statements as of December 31, 2021, such as accounts receivable, accounts receivable financing and other receivables, the total credit impairment loss to be accrued by the company in 2021 is 4585691185 yuan. The details are as follows:
Category items: amount of credit impairment loss accrued in 2021
(yuan)
Bad debt loss of notes receivable -660976592
Credit impairment loss accounts receivable credit impairment loss 5245977548
Credit impairment loss of receivables financing
Credit impairment loss of other receivables 690229
Total 4585691185
2、 Recognition standard and withdrawal method of impairment loss this time
The credit impairment losses accrued this time are accounts receivable, accounts receivable financing and other receivables. The company considers all reasonable and reliable information, adopts single or combined methods to conduct impairment test based on expected credit losses, and accrues impairment reserves to confirm the credit impairment losses.
If the credit risk of the financial instrument has increased significantly since the initial recognition, the company shall measure its loss reserves according to the amount equivalent to the expected credit loss of the financial instrument in the whole duration; If the credit risk of the financial instrument does not increase significantly after initial recognition, the company measures its loss reserves according to the amount equivalent to the expected credit loss of the financial instrument in the next 12 months. The increase or reversal amount of the loss reserves thus formed shall be included in the current profits and losses as impairment losses or gains.
Generally, if the overdue is more than 30 days, the company considers that the credit risk of the financial instrument has increased significantly, unless there is conclusive evidence that the credit risk of the financial instrument has not increased significantly since initial recognition.
If the credit risk of a financial instrument is low on the balance sheet date, the company considers that the credit risk of the financial instrument has not increased significantly since its initial recognition.
If there is objective evidence that a financial asset has been impaired, the company shall withdraw the impairment provision for the financial asset on a single basis.
1. Bad debt reserves withdrawn, recovered or reversed from accounts receivable during the reporting period
As of December 31, 2021, the book value of the company's accounts receivable is 1483053800 yuan. For accounts receivable, whether it contains major financing components or not, the company always measures its loss reserves according to the amount equivalent to the expected credit loss in the whole duration. The bad debt reserves of accounts receivable are as follows:
Unit: Yuan
Current change amount
Category opening balance closing amount transferred from holding subsidiaries and written back from opening balance business combination
Accrued or added
Nuclear transfer
Sell back
receivable
Accounts 11674931131273205273452459775482890368716949812366 combination
Total 11674931131273205273452459775482890368716949812366
2. Bad debt reserves withdrawn, recovered or reversed for notes receivable and accounts receivable financing in the reporting period
Unit: Yuan
Change amount of holding subsidiaries in the current period
Category opening balance and withdrawal of opening balance, recovery or write off of closing amount
return
Notes receivable 348224529921053088996609765922821268707 financing according to accounts receivable
Total 348224529921053088996609765922821268707
3. Bad debt reserves withdrawn, recovered or reversed for other receivables during the reporting period
Unit: Yuan
Change amount of holding subsidiaries in the current period
Category opening balance consolidation opening balance recovery write off business combination ending amount accrual or transfer or verification
Sell back
Other receivables 41572100395721006902291456348356825812
Total 41572100395721006902291456348356825812
3、 The impact on the company of the accrued credit impairment loss
1. The total amount of credit impairment loss accrued in this year is 4585691185 yuan. The provision of credit impairment loss reduces the net profit in the consolidated statements in 2021 by 3897837507 yuan, the net profit attributable to the shareholders of the parent company by 3632598418 yuan, the owner's equity in 2021 by 3897837507 yuan and the owner's equity attributable to the parent company by 3632598418 yuan.
2. The provision of credit impairment loss in this year complies with the accounting standards for business enterprises and relevant accounting policies of the company. Based on the principle of prudence, it fully and fairly reflects the value of relevant assets of the company as of December 31, 2021.
4、 The statement of the board of directors on whether the company's provision for asset impairment complies with the accounting standards for business enterprises is hereby announced
Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) board of directors April 14, 2022
